Tertiary Minerals plc has raised £985,000 through a placing of 1.97 billion new ordinary shares of 0.01 pence each in the company, at 0.05p per share. TVRs The placing shares will be issued under the company’s existing share issue authorities. Institutional investors and high net worth individuals participated in the placing, which is at a […]
Tag: JORC mineral resource estimate
Cadence JV granted installation licence for Amapá
Cadence Minerals plc’s partner and operator DEV Mineração S.A. has received an installation licence (LI) for the Amapá iron ore project, including the restart of the Azteca plant, in northeast Brazil. PRODUCTION The LI covers approved works of refurbishment and replacement of existing operational structures, construction of new processing components – including magnetic separation, ball […]
Oriole increases inferred MRE at Mbe
Oriole Resources plc reported an increased inaugural JORC inferred mineral resource estimate to 1.23 million oz contained gold for the Mbe orogenic gold project in Cameroon. STATUS The figure, from independent consultants Forge International Ltd, is for the MB01-N and MB01-S deposits combined. The pit constrained inferred MRE for MB01-N is of 10.5 million tonnes […]
Oriole starts 2,500m step-out drilling at MB01-S
Oriole Resources plc has started 2,500 metres’ step-out diamond drilling in 10 holes at the Mbe South orogenic gold deposit in the Adamawa Region, central Cameroon. MRE The programme aims to expand the inaugural JORC inferred mineral resource estimate for the MB01-S deposit of 24.8 million tonnes, at a grade of 1.09 g/t gold, for […]